You are allowed to collect Social Security and earn wages from your employer. However, if your wages exceed $15,480 in 2014, your Social Security benefits will be reduced by $1 for every $2 you earn above that level.
The âStatement of Cashflowâ in Table 1 shows that a self-storage facility with 40,000 net-leasable square feet, in a market with $9-per-square-foot annual rents, will generate $450,000 in gross annual rents at 100 percent occupancy.
Amsdell estimates the cost of building a modern, single-story self-storage property at $32 to $42 per square foot, while a multistory project generally costs $45 to $65 per square foot. Amsdell operates facilities under the Compass Self Storage brand. In Texas, Skeans typically builds multilevel, fully climate-controlled facilities at roughly $50 to $55 per square foot. By comparison, single-story âdrive and dropâ facilities cost about $39 per square foot to build.